New Air Jamaica 'express' service - Airline reshaping intra-island travel
Air Jamaica is to implement a shuttle service between Kingston and Montego Bay, using a small 125-seater Airbus A319 craft, in a reorganisation of its intra-island movement of travellers. The new service will fly five to six round trips per day between the cities....
Obiglio to remain as Jamaica Public Service (JPS) head
Marubeni Caribbean Power Holdings Inc., soon to be new owners of Jamaica Public Service Company Limited, announced Thursday that Damian Obiglio will remain as head of the monopoly power distributor. The Japanese-owned company said it had completed a review ...
Counterfeit toothpaste hits Jamaican shelves
The Jamaica Bureau of Standards has pulled almost 100 counterfeit tubes of toothpaste bearing the name Colgate from retail shelves.At the same time Colgate-Palmolive has issued a reminder that there is only one authorised distributor ...
Sugar bids await sign-off of privatisation policy
Prequalified bidders for the assets of the Sugar Company of Jamaica (SCJ) must wait another month or more to submit final bids while Cabinet mulls the terms under which the industry will operate under private ownership."We have signed off...
Broilers projects 75% revenue growth from energy business - Jamaica Broilers Ethanol targets 40 million-gallon output
Jamaica Broilers Group has posted reduced profits of $512 million, 20 per cent below last year's performance, helped down by a big tax bill of just under $200 million and higher operational expenses over the past year. Much of the depressed activity was among ...
Coconut shipments detained in Florida - Red palm mite contamination hurting exports
Florida has turned back two of three shipments of Jamaica's coconut following discovery of dead red palm mites in the containers.The pest was first discovered in Jamaica about three months ago. It has been detected by the plant and quarantine units in St. Thomas....
Guardsman upgrades 'track and trace' technology
Security company Guardsman Group has introduced a new tracking system that allows its guards to issue receipts to clients on spot, using a hand-held wireless device that uploads information directly to its servers.
Mattel expects US$30m hit from Fisher-Price toy recall
Mattel Inc said Thursday it expects the recall of Chinese-made toys, such as popular preschool characters like Sesame Street's Elmo and Big Bird, to result in a charge of US$30 million.The estimate comes a day after the number one toymaker recalled 1.5...
JMMB's commercial bank to go national
Intercommercial Bank Limited (IBL), a small commercial bank in Trinidad co-owned by JMMB and the Mittal Group, will be setting up three new branches and 13 sales outlets as it attempts to build out a national network comparable to other operations in the sector....
Jamaica too rich to be poor, says Golding - JLP outlines underpinned by economic vision wealth creation
The Jamaica Labour Party (JLP)has enunciated a new economic vision for Jamaica built on wealth creation.Bruce Golding, leader of the JLP and prime ministerial aspirant, said at the launch of his party's manifesto Monday that the island could generate sufficient wealth...
Bernanke a 'no-frills' investor
Federal Reserve Chairman Ben Bernanke has a complex job manning the world's largest economy, but when it comes to his own finances he keeps it pretty simple.The chairman's financial disclosure form, released Tuesday, showed that Bernanke is a millionaire...
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